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behavior of the big three the big three are not behaving and haven't behaved in the interests of the economy of the us or as a whole i don't think i think that is incontrovertibly they say that they have acted in the benefit of the investors. that is possible but i've met some investors who believe that they're not acting in their benefit either they're acting in their own commercial interests there are a commercial company. now let's quickly run through the markets first the currencies the ruble end of the day stronger to both the euro and the greenback the euro is gaining to the dollar rebounding from wednesday's losses moving on to equities wall street stocks are extending one's day's gains mainly on the hopes that the u.s. government will manage to avoid the so-called fiscal cliff and european equities and of their trading session i notice while more than one percent for london's footsie thanks to all that optimism coming from the states this marks the third straight day of games in europe and here in russia the indices recovered from wednesday's losses demonstrating pretty robust gains
behavior of the big three the big three are not behaving and haven't behaved in the interests of the economy of the us or as a whole i don't think i think that is incontrovertibly they say that they have acted in the benefit of the investors. that is possible but i've met some investors who believe that they're not acting in their benefit either they're acting in their own commercial interests there are a commercial company. now let's quickly run through the markets first the currencies the...
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Dec 1, 2012
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>> i think the key is the economy. these disparities, the economy, it is the main reason for. you must understand the biggest problem in the arab world for the palestinians come up the middle class does not exist. the backbone of a very stable country, democratic countries, prosperity is it the existence of the middle-class. what you have and egypt is a disparity between a very rich oligarch. the problems of what you have in europe, the most successful countries like switzerland, norway, 90% is a successful middle-class. they must develop the middle class. it is impossible to build a democratic country, a tolerant country that is ready to coexist. >> you cannot move to scandinavia. that is not one of the options for israel. let me ask you this question. as opposed from lurching from conference to conference, when you think over a 10-year or 20- year horizon, given your pessimism about the palestinians, think about it further out. what is it that we in america are helping you attain? is it to continue the status quo? is it to have a negotiated peace? >> i completely agree with
>> i think the key is the economy. these disparities, the economy, it is the main reason for. you must understand the biggest problem in the arab world for the palestinians come up the middle class does not exist. the backbone of a very stable country, democratic countries, prosperity is it the existence of the middle-class. what you have and egypt is a disparity between a very rich oligarch. the problems of what you have in europe, the most successful countries like switzerland, norway,...
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the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to create prosperity. we have to do that in a unified way because, even though the forecast can look bleak at different times, we have an incredibly resilient economy. great job create, out there given the chance which make a big difference. that is what we have to continue working on. melissa: jim, aren't you afraid of being punished either by the public or by the government for speaking out at this point? i mean i have talked privately to people on wall street who have said, you know, they feel like get pistol-whipped when
the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to...
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12/12
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to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of the people at heart. over the last ten years what they've seen is their own income, family income, has not kept up with the enormous pace of the growth of the economy. they feel ultimately they're not winning out. what the government has to do is figure out a way to reassure people that they are in fact the number one priority. you've heard this over and over again in the first language from this new president. when he gave the first speech he put aside some of the old language about socialism and chinese characteristics and a h
to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. or. her. clone welcome back you're watching r.t. live from moscow to fans team for a u.s. soldier bradley manning has accused of releasing secret army files to wiki leaks claims he was abused in detention at turning cabin zs believes manning started paying for his alleged crimes long before the trial for nine months he was held at a marine base in quantico which i mention remey because manning is in the army so i was already strained at this marine brig he was held in solitary confinement on a very restricted schedule he was not allowed to do exercise in his cell he was not allowed to lie down in his cell all day today where the sit up without lean back against the wall all day he got out one hour a day for exercise and so it was a very restrictive environment for no good reason at all the military says is that protect him and the bradley manning feels like that in his in his lawyer here that this was punishment for fou
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. or. her. clone welcome back you're watching r.t. live from moscow to fans team for a u.s. soldier bradley manning has accused of releasing secret army files to wiki leaks claims he was abused in detention at turning cabin zs believes manning started paying for his alleged crimes long before the trial for nine months he was held at...
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they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo nakajima, who has covered countless elections in japan. i asked him what voters are thinking about most. >> voters are thinking first off about whether the democratic party of japan should stay in power. you know, the dpj swept into power in 2009, ending more than half a century of unbroken rule by the leader democrats. its leaders promised a lot as people used to being in opposition often do. they said they would cut government spending. they said they would stop the construction of a multimillion-dollar dam, make expressways toll free. prime minister noda had
they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
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i see her a bit exposed damaging economies all the way from africa to. congo surround sound to a bank in goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beings that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and he'll find that in the vaults bags. and some of boris johnson's wigs but other than that there's nothing to collateralize his bank so yes of course you've got incredible similarities central banks are being looted the rebels whether they're in africa or in england. the motive is the same. and we will be back with more international news in just a few months. looking at some talks you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strand in canada and the us they come to russia and everybody is so very friendly
i see her a bit exposed damaging economies all the way from africa to. congo surround sound to a bank in goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beings that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and he'll find that in the vaults bags. and some of boris johnson's...
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later today my skies are in sting's in her birth exposed bank looters damaging economies all the way from africa to. the rebel surrounds central banking goma they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and you'll find that in the vaults bags of beans and some of boris johnson's wigs but other than that there's nothing to collateralize his bank so yes of course you've got incredible similarities central banks are being looted the rebels whether they're in africa or in england. the motive is the same. tucked in between the russian mainland japan and the sun coming island is the island of minute on named off the french seafarer who discovered it it is described as the right of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island whispered of the borders zone
later today my skies are in sting's in her birth exposed bank looters damaging economies all the way from africa to. the rebel surrounds central banking goma they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and you'll find...
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Dec 2, 2012
12/12
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at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants. >> like removing the debt ceiling. >> exactly. i'm saying that's the issue. >> you're saying now that the president should outline the cuts because nobody is going the table to say this has to come off. >> the president has to come up with a reasonable solution that sells. >> why should he if he can blame the republicans? >> at the end of the day, its the era of this president. no one remembers who the speaker was during the depression. >> right. sounds like august 2011, the republicans took a beating over what happened. guess who really paid the price? the pr
at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants....
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two hours time max keiser and stacy herbert expose bank damaging economies all the way from africa to. congo rebels around central banking goma they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and else find that involves bags. and some of boris johnson's winks but other than that there's nothing to collateralize his bank so yes of course you've got incredible similarities central banks are being looted the rebels whether they're in africa or in england. the motive is the same. and we'll be back with more international news in just a few minutes. a lovely quiet morning a family gently sleeps in district heights maryland when fifty armed f.b.i. agents storm the house and guns drawn despite the family pleading that they were unarmed the law enforcement agents opened fire on a weaponless teenager my asian huli thankfull
two hours time max keiser and stacy herbert expose bank damaging economies all the way from africa to. congo rebels around central banking goma they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and else find that involves...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into a report on our. mission free accreditation free zones for charges free maintenance free risk free. to tide free. download free broadcast quality video for your media projects and free media oh don darn teton tom. it was not the military as army announced today it signed a new contract with a unit of the huge contracting however it was not the operation to secure and rebuild the devastated. country caliber company will touch for years contract work in iraq. it was the campaign for making billions of dollars oliver are reasonable and ordered bills the sixty one billion dollars iraq for sale. or growth of here's one or two. good afternoon welcome to capital account i'm laurin the star here in washington d.c. these are headlines for wednesday november twenty eighth two thousand and twelve it's been more than a decade since argentina defaulted on its debt but the saga continues with creditors to this day a new york court ruling just last week came
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into a report on our. mission free accreditation free zones for charges free maintenance free risk free. to tide free. download free broadcast quality video for your media projects and free media oh don darn teton tom. it was not the military as army announced today it signed a new contract with a unit of the huge contracting however it was not the operation...
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to the greek economy not to mystic statements that make the opposition i mentioned the social democrats they're saying that they need to. restructuring for greece will have to wait until after the general election takes place here so with the chancellor of the election starting to come into view on. being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece it all reporting there next hour max kaiser and state her work to expose bank looters damaging economies all the way from africa to. congo rebels around central banking goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and else find that in the vaults bags. and some of boris johnson's links but other than that there's nothing to
to the greek economy not to mystic statements that make the opposition i mentioned the social democrats they're saying that they need to. restructuring for greece will have to wait until after the general election takes place here so with the chancellor of the election starting to come into view on. being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece...
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find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into cars a report on our. welcome back the legitimacy of the newly elected parliament is being called into question the shiite minority club the biggest. of seats but the opposition boycotted the ballot over the ruling more nicky's decision to amend the. reports polls are closed doors olds are in but the battle over kuwait's political future has only just begun as expected the new parliament is largely consisting of folks who are considered to be closely allied with the ruling power but that is because the opposition didn't front any candidates in a boycott of the vote they've even questioned the outcome before the last ballot was cast voter turnout varied widely from polling place to polling place but with a very low numbers at some locations the legitimacy of the results are certainly bound to be questioned now the crisis was sparked after the islamist dominated parliament it was dismissed over a row with the ruling power of the situation was
find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into cars a report on our. welcome back the legitimacy of the newly elected parliament is being called into question the shiite minority club the biggest. of seats but the opposition boycotted the ballot over the ruling more nicky's decision to amend the. reports polls are closed doors olds are in but the battle over kuwait's political future has only just...
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Nov 30, 2012
11/12
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yes, our sanctions are having a demonstrable effect on the iranian economy, but iran is still working just as hard to develop nuclear weapons. iran has to decide what it will do. will it continue down the path to proliferation and risk further crushing economic sanctions or will it end the madness and negotiate a responsible end to its nuclear ambition? the waiting game is over, and in the end, one way or the other, iran will not be allowed to acquire a nuclear weapon that could threaten the united states national interests and security interests, israel, the region and the world. i want to thank senator kirk who we have worked with on this issue for quite some time, senator lieberman, senator casey and many others who have shared their -- not only their interests, their views and for which we have tried to incorporate those views. i hope that tomorrow when we cast the vote, it will be the type of unanimous vote that this senate passed nearly a year ago that ultimately sends a very clear message to the iranians that if you seek to evade, if you seek to avoid, if you think that you can
yes, our sanctions are having a demonstrable effect on the iranian economy, but iran is still working just as hard to develop nuclear weapons. iran has to decide what it will do. will it continue down the path to proliferation and risk further crushing economic sanctions or will it end the madness and negotiate a responsible end to its nuclear ambition? the waiting game is over, and in the end, one way or the other, iran will not be allowed to acquire a nuclear weapon that could threaten the...
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twenty sixteen where it should be back on its feet almost considering the current state of the greek economy and that's a mistake statement to make the opposition i mentioned the social democrats they are saying that any debate on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the shadow of the election starting to come into view and to a merkel essentially being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece. coming up at sixteen thirty g.m.t. max keiser and stacy herbert see similarities between central banks of congo and britain speculating on just what's filling their vaults. come around central banking go there looting the bank un source said later another un source denied that there had been money in the bag insisting they were full of being a lot of the central banks are collateralized by means that's similar to the bank of england mark carney is going to be arriving to the
twenty sixteen where it should be back on its feet almost considering the current state of the greek economy and that's a mistake statement to make the opposition i mentioned the social democrats they are saying that any debate on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the shadow of the election starting to come into view and to a merkel essentially being politically embarrassed by having to go back on a promise she's...
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Nov 30, 2012
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is the economy strong enough to handle that hit? >> well, we reckon the economy is probably growing somewhere in the 1.5% to 2% range and is gradually repairing itself and healing itself with the assistance of the fiscal deficit. and this is one of the key things that if you pull that away too soon, you'll slow down the repair in the private sector balance sheets. and then you'll go much closer to stall speed so the economy will be much more vulnerable and exposed to shocks from europe, oil, you name it. >> and of course it increases the deficit, makes the troubles more difficult to direct longer term and now they want it do sort of the major reform entitlement next year. is that ever going to happen if the impetus isn't to deal with it right away? >> i think nancy pelosi and others are correct that the real issue, not just democrats, but also various republicans and bowles-simpson and everyone else, the real issue confronting the united states is not tomorrow's fiscal cliff. it's the outyears and the fiscal abyss of these entitleme
is the economy strong enough to handle that hit? >> well, we reckon the economy is probably growing somewhere in the 1.5% to 2% range and is gradually repairing itself and healing itself with the assistance of the fiscal deficit. and this is one of the key things that if you pull that away too soon, you'll slow down the repair in the private sector balance sheets. and then you'll go much closer to stall speed so the economy will be much more vulnerable and exposed to shocks from europe,...
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find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report on our. kid was not the military as army announced today it signed a new contract with a unit of the huge contracting power it was not the operation to secure and rebuild the devastated country company taxpayers for its contract work in iraq. it was the campaign for making billions of dollars polymer it's odd reasonable and honest supported bills exceed one billion dollars iraq for sale. war profiteers. parents versus social workers docu nabby and now. that many children have become prizes to find full one is the long threatened families of the social fabric to see more female they have right of willful minimal faith in . but they have any kind of suspicion about. will be for food or for your children are also just better at bringing up kids than their own mom and dad. from what we haven't seen just to. concentrate to pull. out the footrace true. which bright if you move. from phones to pressure. whose friends don't talk t.v. don
find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report on our. kid was not the military as army announced today it signed a new contract with a unit of the huge contracting power it was not the operation to secure and rebuild the devastated country company taxpayers for its contract work in iraq. it was the campaign for making billions of dollars polymer it's odd reasonable and honest...
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Dec 2, 2012
12/12
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at the same time, they don't want the economy to go in the hole. the other thing is they don't want the country to go broke. what the republicans failed to do is what you're saying. they failed communication case w50eus. wise. they don't hold ban barack baraa accountable. to give himself powers that no president has had, you take that to the country and say you want him deciding he can just spend whatever he wants? >> that's like removing the debt ceiling. >> exactly. >> that's wha wt you're talking about. >> i'm saying that's the issue >> you're saying that the president should outline the cuts because nobody's going to the table to say this has to come off. >> all you have to say -- i'm sorry, go ahead. >> the president has to come up with a reasonable solutions that sells. >> why should he if he can blame e republicans? >> because at the end of the day it's the era of this president. no one remembers who the speaker was during the depression. >> this is the point -- you're exactln.y right. august 2011, the republicans took a beating over what ha
at the same time, they don't want the economy to go in the hole. the other thing is they don't want the country to go broke. what the republicans failed to do is what you're saying. they failed communication case w50eus. wise. they don't hold ban barack baraa accountable. to give himself powers that no president has had, you take that to the country and say you want him deciding he can just spend whatever he wants? >> that's like removing the debt ceiling. >> exactly. >>...
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twenty sixteen where it should be back on its feet almost considering the current state of the greek economy not an optimistic statement to make the opposition i mentioned the social democrats they're saying that any to perish on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the chancellor of the election starting to come into view and. a century being politically embarrassed by having to go back on a promise she's made all stern to be a very interesting to pay when german politicians discuss the latest financial aid package for greece. for more international news after the short break. a lovely quiet morning a family gently sleeps in district heights maryland when fifty armed f.b.i. agents storm the house and guns drawn despite the family pleading that they were unarmed the law enforcement agents opened fire on a weaponless teenager my asian huli thankfully sholay suffered minor flesh wounds but the key issue is that it remains unknown as to why the house was stormed so here in america for no reason guys in black uniform
twenty sixteen where it should be back on its feet almost considering the current state of the greek economy not an optimistic statement to make the opposition i mentioned the social democrats they're saying that any to perish on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the chancellor of the election starting to come into view and. a century being politically embarrassed by having to go back on a promise she's made all...
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Dec 5, 2012
12/12
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if you don't give us what we want, we'll tank the economy. nice little economy you've got here. shame if shg were to happen to it. this needs to be taken off the table. >> ifill: let's assume we do go over the cliff as you suspect, where do we we land? where is the balance both sides are looking for? >> well, i mean in a way you could say a balanced outcome is that most of the bush tax cuts will survive. the fact of the matter is just a small piece of them is going to be taken away. there's a lot of things that the democrats want: extension of the payroll tax, expansion of unemployment been tits, more stimulus in general. that probably won't happen if we go over the cliff. it's not as if we're talking about a situation in which president obama gets everything he wants. i'm not sure. what we want is the least bad outcome for the u.s. economy. and the u.s. long-term fiscal outlook that we can get. i don't think that balance is what we're seeking. what we're seeking is is let's try not to mess up this situation even more than it already is mess up. >> ifill: do you agree with erski
if you don't give us what we want, we'll tank the economy. nice little economy you've got here. shame if shg were to happen to it. this needs to be taken off the table. >> ifill: let's assume we do go over the cliff as you suspect, where do we we land? where is the balance both sides are looking for? >> well, i mean in a way you could say a balanced outcome is that most of the bush tax cuts will survive. the fact of the matter is just a small piece of them is going to be taken away....
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Dec 2, 2012
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what they really want to know is the economy going to grow or not. if you're increasing taxes on dividend, you get less capital and dividends and then less growth for the economy and less revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of
what they really want to know is the economy going to grow or not. if you're increasing taxes on dividend, you get less capital and dividends and then less growth for the economy and less revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path...
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Nov 30, 2012
11/12
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again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have this income, unemployment insurance which keeps them in the economy, a functioning part of the economy, so they can spend the money. so the economic policy institute went ahead and extrapolated. if you were to keep this $30 billion cost of extended unemployment insurance, actually, that will pump another $15 billion to $18 billion into the economy because these folks are spending money. and that's what fuels our economy. >> some of the people who argue that we should go off the fiscal cliff, that it will push them to negotiate a sort of more thoughtful deal
again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have...
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movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more i'm not really one of them i'm happily married husband the father of truth fantastic children i live on a main street in a small new england town with actual white picket fences i made this movie for you me and everyone we know in the hope that we can create a world where human need comes before corporate greed so why does it feel almost un-american to say that i think about it this way just go with me for a second here you know that scene from the oliver stone film wall street when gordon gekko played by michael douglas in a role that would win him an oscar appears at a shareholders meeting of a company or paper to defend his actions and his grotesque worldview and delivers the now famous speech where he says. for lack of a better word is good. right grete works. creaks their eyes and can. see evo
movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more i'm not really one of them i'm happily married husband the father of truth fantastic children i live on a main street in a small new england town with actual white picket fences i made this movie...
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government by getting government to spend less and tax less and regulate less that's what will get economy back in order and that's what will. cause the job rate to grow again and i don't buy into this here. so. failing companies being supported by governments is only a very short term solution in the long term it is a disaster. still to come from the eurozone is a weakened state the to its financial stronghold saying that america has to begin high campaign for a third term as jam and chance that the one hundred reelection would mean for the single kind of the block. of flats the growing splits in the u.s. society with an online proof that bridges and movement attracting more than a million done the same report right up to the plate. wedge issues do just what their name implies they get between people and drive them apart like a wage and these issues seem to always take the forefront in the media to things like abortion gun rights marijuana legalization and the weather well the weather isn't really a where. people should talk about it way too much there's only so much room in the national
government by getting government to spend less and tax less and regulate less that's what will get economy back in order and that's what will. cause the job rate to grow again and i don't buy into this here. so. failing companies being supported by governments is only a very short term solution in the long term it is a disaster. still to come from the eurozone is a weakened state the to its financial stronghold saying that america has to begin high campaign for a third term as jam and chance...
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Dec 4, 2012
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portion that goes to defense be harmful to national security, but that it would be a huge hit on the economy because there's so many jobs involved. so my sense is people don't want to talk about that because it would raise a lot of alarms but in some ways is more serious than the tax cuts even though they don't all occur at once. it would sends us down a difficult path. it's already created a lot of uncertainty in the defense world. >> some of the more liberal opponents of the deal on the democratic left, would not mind seeing these defense cuts. >> just as they wouldn't mind in some cases on the left seeing the tax increase on everybody so that they can force a vote to lower the rates back only for those americans outside the top 2%, you're right. a lot of liberals would like to see that. this is why the president has leverage. he has some leverage off of his victory in the campaign, but he's got a lot of leverage off of the tax rate issue as well as these defense cuts and the republicans know it. that's why there's much more pressure on them and you hear this from a lot of lobbyists and me
portion that goes to defense be harmful to national security, but that it would be a huge hit on the economy because there's so many jobs involved. so my sense is people don't want to talk about that because it would raise a lot of alarms but in some ways is more serious than the tax cuts even though they don't all occur at once. it would sends us down a difficult path. it's already created a lot of uncertainty in the defense world. >> some of the more liberal opponents of the deal on the...
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its strongest form was actually boosting hamas by which was able to get goods in through the tunnel economy making them and the not only enriching them and giving them capital but they desperately needed but also enabling them as the sole source of good essential is goods in the strip absolutely not and they also seem to be getting at least in many quarters sort of a moral benefit from it as right but that's not to say that israel should have some reasonable restrictions on what goes into and comes out of gaza because there are obviously genuine security concerns when you have a terrorist organization kind of running the show in the place with respect to the settlements and the the announcement of construction and the authorization of construction the e.u. one zone i mean that is something that is to put it mildly not helpful and it could ultimately if it proceeds be a real nail in the coffin of the two state resolution and the reason this area is so sensitive perhaps more sensitive than any other area of the west bank is because this is the area that essentially separates the arab neighbor
its strongest form was actually boosting hamas by which was able to get goods in through the tunnel economy making them and the not only enriching them and giving them capital but they desperately needed but also enabling them as the sole source of good essential is goods in the strip absolutely not and they also seem to be getting at least in many quarters sort of a moral benefit from it as right but that's not to say that israel should have some reasonable restrictions on what goes into and...
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>> well, i think the bigger issue higher tax rates slow down the economy and in a slow economy as we're facing now to be raising rates even higher, i can't imagine any economist really supporting that, regardless what is going on the fiscal side. melissa: you're sing this is the entire wrong conversation to be having anyway, talking about taking more money away from individuals and giving it to the govnment is not good for the economy no matter what? >> exactly. particularly when the economy is weak. even keynesian economists will tell you that is not the rightime to raise taxes. >> i don't think so. we have a lot of kensyians are saying there is no demand. government has to make up for the demand that doesn't ext from consumers. that means you have to give them money to go out there and spend, no? >> they wld say you spend but noo say tax at the same time. they would say that will counteract whatever spending you do, the tax increases. i think what you need to do is actually cut spending. at a minimum keep taxes where they are. be betterf you could even reduce them. if you need to rais
>> well, i think the bigger issue higher tax rates slow down the economy and in a slow economy as we're facing now to be raising rates even higher, i can't imagine any economist really supporting that, regardless what is going on the fiscal side. melissa: you're sing this is the entire wrong conversation to be having anyway, talking about taking more money away from individuals and giving it to the govnment is not good for the economy no matter what? >> exactly. particularly when...
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Nov 28, 2012
11/12
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but might drag the global economy into recession. as for japan, the oect downgraded the outlook from 1.5% to 0.7%. they cited weak domestic demand. analysts urged the nation to compile detailed reliable plans for fiscal reform. u.s. consumer sentiment hit the highest level in more than four and a half years. researchers at analytics form the conference board say the consumer confidence index rose for a third straight month. the numbers rose to 73.7 in november, up from 73.1 in october. that's against a base value of 100 set in 1985. they say that the christmas shopping season started smoothly last weekend and the analysts are still concerned about the impact the fiscal cliff may have on consumer sentiment. the index is a key indicator of recovery and consumer spending which accounts for 70% of u.s. gross domestic product. now let's get a check on the markets. japanese stock prices are trading lower after four straight days of gains in the nikkei average is currently down half a percent at 9,375. now, investors are taking profits on a
but might drag the global economy into recession. as for japan, the oect downgraded the outlook from 1.5% to 0.7%. they cited weak domestic demand. analysts urged the nation to compile detailed reliable plans for fiscal reform. u.s. consumer sentiment hit the highest level in more than four and a half years. researchers at analytics form the conference board say the consumer confidence index rose for a third straight month. the numbers rose to 73.7 in november, up from 73.1 in october. that's...
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Dec 3, 2012
12/12
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this is our economy. we all want the economy to get better and americans to have more opportunities at jobs. this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then why wouldn't we consider it? >> what if we go over the cliff. doesn't the president hold all the cards then? can't he say, all right, everybody taxes have increased. i'm offering 98% a tax cut of $2,000 a year. you are the party of lower taxes. are you going to refuse to cut people's tacks? >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three
this is our economy. we all want the economy to get better and americans to have more opportunities at jobs. this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our...
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Nov 30, 2012
11/12
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the economy will account for more than one-third of the global gross domestic product. some members are still cautious about the plan. they claim ja nan is not doing enough to remove tariff barriers. others such as france and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks get started. eu trade commissioner made clear that he will keep a tough stance during negotiations. >> let's not be anxious. europe is not naive. >> reporter: he wants to expand trade in an attempt to overcome the euro zone debt crisis. many members are hopeful about the free trade pact with japan. the talks may face raw growing due to wide differences of opinion. >> that wraps up this for this hour. i'll leave you with a check on market figures. >>> police fired water cannons and tear gas at hundreds of villagers and buddhist monks. the protesters say residents are being forcibly d
the economy will account for more than one-third of the global gross domestic product. some members are still cautious about the plan. they claim ja nan is not doing enough to remove tariff barriers. others such as france and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks...
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Nov 29, 2012
11/12
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if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --. >>guest: he hat made his share of mistakes, remember that sleazy deal? >>neil: we say the dividend rate could go to the top, whatever the income rate could be the rate you pay on taxes. the rumble over ronald, the unions going after the fast food powerhouse but why you could be the one getting kicked. we bel, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar tra
if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --....
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Dec 6, 2012
12/12
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economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.
economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen...
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Nov 28, 2012
11/12
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new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their branchs. plus the elimination of thousands of jobs. greece's finance minister says a bond buy-back program must work in order to reduce the country's huge debt. failure to communicate and you are paying for it. that is later in the grapevine. up next, is the u.n. ambassador going job hunting? [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken w
new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their...
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Dec 6, 2012
12/12
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economy keeping stocks from falling any further, though. the nikkei ended above that key 9,500 level for the first time since april. the shanghai composite edged down just over 0.1% after a pretty sharp rebound yesterday. south korea's kospi also managing gains. it closed higher by more than 0.1%. that put it at a seven-week high. let's move on to currencies now. dollar/yen right now is a little higher, seeing it at 82.35. market observers say investors are buying the dollar on optimism about the u.s. budget talks, but its advance has been capped today as many traders do remain on the sidelines ahead of u.s. jobs data, which is due out on friday. now, in terms of the euro, it's still holding pretty strong against the yen, right now at 107.70. >>> officials at japan's transport ministry have ordered airlines to inspect boeing passenger jets. they say state-of-the-art 787 dreamliners have had problems with their fuel lines. the emergency order followed a fuel leak in october involving a 787. that's flown by all nippon airways. they found that
economy keeping stocks from falling any further, though. the nikkei ended above that key 9,500 level for the first time since april. the shanghai composite edged down just over 0.1% after a pretty sharp rebound yesterday. south korea's kospi also managing gains. it closed higher by more than 0.1%. that put it at a seven-week high. let's move on to currencies now. dollar/yen right now is a little higher, seeing it at 82.35. market observers say investors are buying the dollar on optimism about...
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democrats and do what's best for the country or take a tea party type hardline stance that will doom the economy also big drought super storm systems and above average temperatures are just some of the devastating effects of climate change but there are still those who say this is all normal climate change is still just one big made up myth or the deniers up to now and new reports out suggest the chemicals from halliburton is highly controversial fracking process are killing livestock nationwide but the government stop this dangerous practice before we all die from fracking related food poisoning. president obama just won reelection to the white house with a margin of about fifty one percent of the popular vote about the same number he won by in two thousand and eight the last president to win both election and reelection by fifty one percent or greater was dwight d. eisenhower in the elections in one thousand nine hundred two in one hundred fifty six so apparently both obama and eisenhower were doing something right that a clear majority the american people liked but what could that be we're al
democrats and do what's best for the country or take a tea party type hardline stance that will doom the economy also big drought super storm systems and above average temperatures are just some of the devastating effects of climate change but there are still those who say this is all normal climate change is still just one big made up myth or the deniers up to now and new reports out suggest the chemicals from halliburton is highly controversial fracking process are killing livestock...
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Dec 4, 2012
12/12
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and it is a bigger for the united states economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time give to a shareholder at the end of the years pay less now opposed to more later and when we get to next year we are in an economy that is in a higher tax environment, companies will grow less well if that environment, association whatever cash they have, and they have available to pay out, will be taxed at a high are rate. >>neil: what do you make of the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful
and it is a bigger for the united states economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time...
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Dec 5, 2012
12/12
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MSNBC
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it's bad for -- it's certainly bad for the economy and it's also been bad for the economy brand. it's the reason that they were unsuccessful in the polls and by two to one if we don't reach a deal for the fiscal cliff. and it's also the reason why you see voters very clearly support having the wealthiest pay a little bit more. it the one proposal that is consistently -- it received strong support from a ma sdwrort majority of reporters and they dig their heels in and say we don't support this. they are on the wrong side of politics, wrong side of what history supports. it's just a bad strategy all the way around. >> now, what happened last time we held the debt ceiling hostage, it led to the first credit down grade in u.s. history. the stock market dropped 1300 points in 2011 and the gop rating dropped 11 point, congresswoman. do we need to play this game again? >> no. and that's why the president went to the business roundtable. this is a very unpopular and there are real kwens. the downgrading of our credit rating is consequential to say that he's not playing that game anymore
it's bad for -- it's certainly bad for the economy and it's also been bad for the economy brand. it's the reason that they were unsuccessful in the polls and by two to one if we don't reach a deal for the fiscal cliff. and it's also the reason why you see voters very clearly support having the wealthiest pay a little bit more. it the one proposal that is consistently -- it received strong support from a ma sdwrort majority of reporters and they dig their heels in and say we don't support this....